Declared Dividend • May 21
First half dividend of UK£0.018 announced Shareholders will receive a dividend of UK£0.018. Ex-date: 4th June 2026 Payment date: 3rd July 2026 Dividend yield will be 13%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 18% over the next 3 years. However, it would need to fall by 46% to increase the payout ratio to a potentially unsustainable range. Annuncio • May 08
Smiths News plc Proposes Interim Dividend for the 26 Weeks Ended 28 February 2026, Payable on 3 July 2026 The Board of Smiths News plc is proposing an interim dividend of 1.75 pence per share (HY2025: 1.75 pence per share) for the 26 weeks ended 28 February 2026. The proposed dividend will be paid on 3 July 2026 to shareholders on the register at close of business on 5 June 2026. The ex-dividend date will be 4 June 2026. Annuncio • Nov 05
Smiths News plc, Annual General Meeting, Jan 29, 2026 Smiths News plc, Annual General Meeting, Jan 29, 2026. Annuncio • Mar 28
Smiths News plc to Report First Half, 2025 Results on May 07, 2025 Smiths News plc announced that they will report first half, 2025 results on May 07, 2025 Annuncio • Jan 17
Smiths News plc Confirms to Pay A Special Dividend for the Full Year 2024, Payable on 6 February 2025 Smiths News plc confirmed that, subject to shareholder approval at the AGM later 16 January 2025, it will pay a special dividend of 2.0 pence to shareholders on 6 February 2025 in a manner consistent with the Group's capital allocation policy, bringing the total for full year 2024 to 7.15 pence per ordinary share held. Annuncio • Jan 16
Smiths News plc Confirms Final Dividend for the Fiscal Year 2024, Payable on 6 February 2025 Smiths News plc confirmed that, subject to shareholder approval at the AGM later 16 January 2025, it will pay a final dividend of 3.4 pence to shareholders on 6 February 2025 in a manner consistent with the Group's capital allocation policy, bringing the total for the fiscal year 2024 to 7.15 pence per ordinary share held. Annuncio • Jan 07
Smiths News plc Announces Board Changes Smiths News announced the following Board changes. The Company announced that Manju Malhotra will join the Board as an independent non-executive director and member of Smiths News' Audit, Remuneration and Nominations Committees with effect from 16 January 2025. Ms Malhotra has extensive experience having held a number of senior financial and operational roles, including Chief Financial Officer (2010-2017), Chief Operations Officer (2018-2019) and Chief Executive Officer (2020-2023) at Harvey Nichols Group Ltd. She is currently a non-executive director and chair of the Audit Committee at abrdn UK Smaller Companies Growth Trust PLC and non-executive director and member of Audit Committee and chair of the ESG Committee at Workspace Group PLC. Ms Malhotra qualified as a Chartered Accountant in 1998. Mark Whiteling (Senior Independent Director and chair of the Audit Committee), who joined the Smiths News board in September 2017, is expected to retire from the Board by no later than the conclusion of the Annual General Meeting in 2027. It expected that Ms Malhotra (as chair-designate of the Audit Committee)will succeed Mr. Whiteling in due course. Denise Collis, current independent non-executive director and Remuneration Committee chair, has already announced her intention to step down from the Board following the conclusion of her nine-year term with Smiths News at the forthcoming Annual General Meeting, to be held on 16 January 2025. Michael Holt, current independent non-executive director and designated director for colleague engagement, is to be appointed into the additional role of chair of the Remuneration Committee. Mr. Holt has extensive commercial and operational experience gained within the logistics and distribution industries having been Chief Operating Officer of FedEx Express, Europe until the end of September 2018 and having held a number of other senior executive roles with FedEx Corporation from 2006. Recent Insider Transactions • Nov 17
CEO & Executive Director recently sold €360k worth of stock On the 13th of November, Jonathan Bunting sold around 491k shares on-market at roughly €0.73 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €854k. Jonathan has been a net seller over the last 12 months, reducing personal holdings by €1.2m. New Risk • Nov 16
New minor risk - Negative shareholders equity The company has negative equity. Total equity: -UK£14m This is considered a minor risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. It should be noted that some of the negative equity could be due to large buybacks of stock, which is not as much of a risk as a company with overwhelming debt, but likewise is not sustainable in the long-term. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future. Minor Risks Negative equity (-UK£14m). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€854k sold). Declared Dividend • Nov 10
Final dividend of UK£0.054 announced Shareholders will receive a dividend of UK£0.054. Ex-date: 9th January 2025 Payment date: 6th February 2025 Dividend yield will be 11%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 7.9% over the next 3 years. However, it would need to fall by 25% to increase the payout ratio to a potentially unsustainable range. Recent Insider Transactions • Nov 09
CEO & Executive Director recently sold €854k worth of stock On the 5th of November, Jonathan Bunting sold around 1m shares on-market at roughly €0.72 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jonathan's only on-market trade for the last 12 months. Declared Dividend • Nov 08
Final dividend of UK£0.034 announced Shareholders will receive a dividend of UK£0.034. Ex-date: 9th January 2025 Payment date: 6th February 2025 Dividend yield will be 7.7%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 7.9% over the next 3 years. However, it would need to fall by 25% to increase the payout ratio to a potentially unsustainable range. Annuncio • Nov 06
Smiths News plc, Annual General Meeting, Jan 16, 2025 Smiths News plc, Annual General Meeting, Jan 16, 2025. Reported Earnings • Nov 05
Full year 2024 earnings released: EPS: UK£0.11 (vs UK£0.11 in FY 2023) Full year 2024 results: EPS: UK£0.11 (in line with FY 2023). Revenue: UK£1.10b (up 1.1% from FY 2023). Net income: UK£25.5m (up 1.6% from FY 2023). Profit margin: 2.3% (in line with FY 2023). Revenue is expected to decline by 5.1% p.a. on average during the next 3 years, while revenues in the Retail Distributors industry in Europe are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Annuncio • Nov 05
Smiths News plc Proposes Final Ordinary Dividend for the Period Ended 31 August 2024, Payable on 6 February 2025 The Board of Smiths News plc proposed a final ordinary dividend of 3.40 pence per share (FY 2023: 2.75 pence per share) for the period ended 31 August 2024. The proposed final dividend is subject to approval by shareholders at the Annual General Meeting on 16 January 2025 and has not been included as a liability in these accounts. The Board is also proposing a special dividend of 2.0 pence per share. These dividend recommendations follow the revised capital allocation policy. The proposed dividends will each be paid on 6 February 2025 to shareholders on the register at close of business on 10 January 2025. The ex-dividend date will be 9 January 2025. Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Deborah Rabey was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Oct 02
Smiths News plc to Report Fiscal Year 2024 Results on Nov 05, 2024 Smiths News plc announced that they will report fiscal year 2024 results on Nov 05, 2024 Upcoming Dividend • May 30
Upcoming dividend of UK£0.018 per share Eligible shareholders must have bought the stock before 06 June 2024. Payment date: 04 July 2024. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 7.1%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.5%). Annuncio • May 03
Smiths News plc Proposes Interim Dividend for 26 Weeks to 24 February 2024, Payable on 4 July 2024 Smiths News plc Board is proposing an interim dividend of 1.75 pence per share for 26 weeks to 24 February 2024 (Half Year 2023: 1.40 pence per share). The proposed dividend will be paid on 4 July 2024 to shareholders on the register at close of business on 7 June 2024. The ex-dividend date will be 6 June 2024. Annuncio • Apr 19
Smiths News plc to Report First Half, 2024 Results on May 02, 2024 Smiths News plc announced that they will report first half, 2024 results on May 02, 2024 New Risk • Jan 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings are forecast to decline by an average of 3.1% per year for the foreseeable future. Minor Risks Negative equity (-UK£16m). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Dec 18
Full year 2023 earnings released: EPS: UK£0.11 (vs UK£0.098 in FY 2022) Full year 2023 results: EPS: UK£0.11 (up from UK£0.098 in FY 2022). Revenue: UK£1.09b (flat on FY 2022). Net income: UK£25.1m (up 7.3% from FY 2022). Profit margin: 2.3% (up from 2.1% in FY 2022). Revenue is expected to decline by 4.0% p.a. on average during the next 3 years, while revenues in the Retail Distributors industry in Europe are expected to grow by 6.0%. Reported Earnings • Nov 09
Full year 2023 earnings released: EPS: UK£0.11 (vs UK£0.098 in FY 2022) Full year 2023 results: EPS: UK£0.11 (up from UK£0.098 in FY 2022). Revenue: UK£1.09b (flat on FY 2022). Net income: UK£25.1m (up 7.3% from FY 2022). Profit margin: 2.3% (up from 2.1% in FY 2022). Revenue is expected to decline by 4.0% p.a. on average during the next 3 years, while revenues in the Retail Distributors industry in Europe are expected to grow by 6.1%. Annuncio • Aug 11
Smiths News plc Announces Director Notification Smiths News plc announced that Deborah Rabey (independent Non-Executive Director) that a company in which she is a director (Wilko Limited) has entered administration with effect from 10 August 2023. Upcoming Dividend • Jun 01
Upcoming dividend of UK£0.014 per share at 7.8% yield Eligible shareholders must have bought the stock before 08 June 2023. Payment date: 06 July 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.5%). Annuncio • May 06
Smiths News plc Proposes Interim Dividend for 26 Weeks to 25 Feb. 2023, Payable on 6 July 2023 Smiths News plc announced that the Board is proposing an interim dividend of 1.4p per share (H1 2022: 1.4p). The proposed dividend will be paid on 6 July 2023 to shareholders on the register at close of business on 9 June 2023. The ex-dividend date will be 8 June 2023. Reported Earnings • May 03
First half 2023 earnings released: EPS: UK£0.056 (vs UK£0.048 in 1H 2022) First half 2023 results: EPS: UK£0.056 (up from UK£0.048 in 1H 2022). Revenue: UK£550.1m (up 1.0% from 1H 2022). Net income: UK£13.3m (up 15% from 1H 2022). Profit margin: 2.4% (up from 2.1% in 1H 2022). Revenue is expected to decline by 3.7% p.a. on average during the next 3 years, while revenues in the Retail Distributors industry in Europe are expected to grow by 17%. Upcoming Dividend • Jan 05
Upcoming dividend of UK£0.028 per share Eligible shareholders must have bought the stock before 12 January 2023. Payment date: 09 February 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.8%). Reported Earnings • Nov 10
Full year 2022 earnings released: EPS: UK£0.098 (vs UK£0.11 in FY 2021) Full year 2022 results: EPS: UK£0.098 (down from UK£0.11 in FY 2021). Revenue: UK£1.09b (down 1.8% from FY 2021). Net income: UK£23.4m (down 11% from FY 2021). Profit margin: 2.1% (down from 2.4% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 4.1% p.a. on average during the next 3 years, while revenues in the Retail Distributors industry in Europe are expected to grow by 5.3%. Annuncio • Nov 09
Smiths News plc Proposes Final Dividend for the Fiscal Year 2022, Payable on 9 February 2023 The board of Smiths News plc proposing a final dividend of 2.75 pence, taking the full period dividend to 4.15 pence for the fiscal year 2022 (fiscal year 2021: 1.65 pence). The proposed final dividend is subject to approval by shareholders at the Annual General Meeting on 24 January 2023 and has not been included as a liability in these accounts. The proposed dividend, if approved, will be paid on 9 February 2023 to shareholders on the register at close of business on 13 January 2022. The ex-dividend date will be 12 January 2022. Annuncio • Sep 22
Smiths News plc Provides Dividend Guidance for Financial Year 2022 Smiths News plc provided dividend guidance for financial year 2022. For the period company expects to be in a position to recommend a final dividend for FY2022 of no less than 2.7 pence per ordinary share held, taking the total dividends for the year up to the full distribution permissible under the Company's current banking facilities (£10m per financial year), for payment in February 2023. Upcoming Dividend • Jun 02
Upcoming dividend of UK£0.014 per share Eligible shareholders must have bought the stock before 09 June 2022. Payment date: 07 July 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 8.2%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (2.0%). Annuncio • May 31
Smiths News plc Maintains Planned Interim Dividend The Board of Smiths News plc confirmed its intention to maintain payment of the planned interim dividend of 1.4 pence per share, as announced as part of the Company's interim financial results on 4 May 2022. Beyond the impact of the McColl's administration, underlying trading continues to be in line with expectations and, given the Company's on-going cash generation and strong net debt reduction, the Board continues to expect to be in a position to recommend a final dividend for fiscal year 2022 up to the full distribution permissible under the Company's current banking facilities (£10 million per financial year), for payment in February 2023. Annuncio • May 07
Smiths News plc, Annual General Meeting, Jan 24, 2023 Smiths News plc, Annual General Meeting, Jan 24, 2023. Location: Smiths News Headquarters. Rowan House, Kembrey Park Swindon Wiltshire United Kingdom Reported Earnings • May 05
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down UK£13.0m from profit in 1H 2021). Profit margin: (down from 2.4% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is expected to shrink by 5.3% compared to a 13% growth forecast for the industry in Germany. Annuncio • May 05
Smiths News plc Proposes Interim Dividend for the Year 2022, Payable on 7 July 2022 The Board of Smiths News plc has proposed an interim dividend of 1.4 pence per share, representing an increase of 180% on the reinstated dividend of 0.5 pence per share announced in June 2021. The dividend will be paid on 7 July 2022 to all shareholders who are on the share register at the close of business on 10 June 2022; the ex-dividend date will be 9 June 2022. Annuncio • Feb 04
Connect Group Ordinary Shares to Be Deleted from Other OTC Connect Group PLC Ordinary Shares (United Kingdom) will be deleted from Other OTC effective from February 03, 2022, due to CUSIP Suspended. Upcoming Dividend • Jan 06
Upcoming dividend of UK£0.011 per share Eligible shareholders must have bought the stock before 13 January 2022. Payment date: 10 February 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 5.9%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.1%). Executive Departure • Dec 02
Director Anthony Grace has left the company On the 30th of November, Anthony Grace's tenure as Director ended after 3.1 years in the role. As of September 2021, Anthony still personally held 257.88k shares (€117k worth at the time). Anthony is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.46 years. Reported Earnings • Nov 06
Full year 2021 earnings released: EPS UK£0.11 (vs UK£0.049 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: UK£1.11b (down 4.7% from FY 2020). Net income: UK£26.3m (up 119% from FY 2020). Profit margin: 2.4% (up from 1.0% in FY 2020). The increase in margin was driven by lower expenses.